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in any number of ways. obama administration now predicting some difficult circumstances, transportation secretary ray lahood saying air traffic controllers could be cut causing flight delays and the secretary of education saying the nation's school children will suffer because of strained finances in the state. listen.... >> means a lot more children will not get the kinds of services they need as many as 40,000 teachers could lose their jobs. >> reporter: meantime, plenty of political finger pointing. >> the reason there is no agreement is because there is no leadership from the president on actually recognizing what the problem is. >> why is it that we can't come to the table and agree what cuts need to happen? that is what we should be doing. we shouldn't be passing the blame to the executive branch or saying this is obama's sequester >> reporter: both sides are pessimistic about changes to the agreement. >> heather: with five days left, you can understand why. what are the nation's governors saying? >> they had a meeting over the wined and some went on the sunday talk shows to talk
and expanding the tax base. >> president obama will be taking his message on the road next week to a virginia shipbuilding operation. virginia, with its massive defense industry, would be hit hard by the spending cuts. arthel. >> molly henneberg live from washington. thanks. >> as the u.s. faces its own economic problem, britain's economy is facing a serious new setback. moody's, the credit rating agency, announced the first ever downgrade of the u.k.'s pristine credit rating by a notch, blaming weak growth and political turmoil for throwing its deficit reduction plan off course. david ram con says he has full confidence in his finance minister, george osborne, despite criticism that their debt strategy is failing to deliver, britain now joining the u.s. and france in having lost its triple a rating from at least one major agency. >>> serious new concerns out of iran asment country's powerful revolutionary guard begins new military exercises, at the same time iranian scientists announcing plans to build at least a dozen more nuclear power plants. conner powell has more from our middle east bu
or eliminate the opportunity for them to guide planes in and out of airports. >> reporter: both president obama and members of congress have not sat down for a last-minute negotiation that could avert this. each side says the other is playing politics with the issue. >> so why is it that we can't come to the table and agree what cuts need to happen? that's what we should be doing. we shouldn't be passing the blame to the executive branch or saying this is obam's sequester. >> reporter: the pentagon would take a major hit, forcing a reduction in training that could mean longer tours of duty for troops in afghanistan. senator john mccain says we should listen to the warnings of the generals. >> if we don't believe our military leaders, who in the world do we believe? i think that what we are doing now to the men and women who are serving is unconscionable because they deserve a predictable life in the military. >> reporter: the nation's governors are worried about what would happen in their own state fist those budget cuts take effect. listen. >> all of this have a real concern about the impact i
Search Results 0 to 4 of about 5 (some duplicates have been removed)